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Investor Presentation - Proactive Investors

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Exploration ‐ 2009 3D Seismic Programme<br />

• Data acquisition completed in May 2009 of approx 850 km 2<br />

• In conjunction with previously<br />

acquired data, provides approx 1200<br />

km 2 of contiguous 3D seismic data in<br />

Khurbet East / Yousefieh fairway<br />

• Processing near completion in Cairo<br />

with PGS is good quality. Delivery of<br />

final processed data expected in<br />

early October with data<br />

interpretation and prospect<br />

delineation to follow end November<br />

• A number of “leads” have been<br />

identified in the 3D area<br />

20

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